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Burton Malkiel Talks About Efficient Markets
In this video sponsored by Vanguard, Burton Malkiel, Princeton professor and author of "A Random Walk Down Wall Street," talks with RIJ editor Kerry Pechter about what "efficient market" means to him. The 10th edition of "A Random Walk" has just been published.
Industry Views are special reports that are sponsored and independent from RIJ's editorial content.
November 2, 2011, The Decumulation Beat
The Plot to Kill Social Security
Is it paranoid to believe that the assault on Social Security is orchestrated? Or is Halloween getting to me?
A Black Swan blizzard befell my town last Saturday. My deck chairs vanished under a foot of heavy snow. When the bombardment ended, our shattered trees looked like the splintered, broken masts of Admiral Nelson’s ships after the Battle of Trafalgar.
One of the first headlines I saw when the power returned was at Wonkbook, the Washington Post political blog: “Social Security on the chopping block.”
The Dark Lords are relentless. They wrecked the economy and decimated the tax base. Now they want austerity… for the poor, the old and the sick. Job One is to disown (i.e., confiscate) the Social Security Trust Fund.
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